The housing in 16323 Franklin, PA is quite affordable compared to the nationwide median value of homes. The median value for homes in 16323 Franklin is $115,900 while the US median value of homes is $338,100. In addition, the 1 year house appreciation rate in this area is 10.35%, slightly higher than the national average of 8.27%. This indicates that housing prices are appreciating quickly and steadily in this area, which makes it a great place to invest in property for those looking for reasonably-priced real estate with lots of potential appreciation.
The median home cost in Franklin (zip 16323) is $115,900. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Franklin (zip 16323) is up 14.3%.
Average Age of Homes
- The median age of Franklin (zip 16323) real estate is 62 years old
The Rental Market in Franklin (zip 16323)
- Renters make up 23.2% of the Franklin (zip 16323) population
- 0.8% of houses and apartments in Franklin (zip 16323), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.